AUTOS
From Times Staff and Wire Reports
Daewoo, GM to End Partnership: General Motors Corp. is ending its partnership with South Korea’s Daewoo Group after a yearlong dispute over management and sales. The U.S. auto maker and Daewoo Group formed Daewoo Motor Corp. in 1978, each owning 50% of it. Daewoo Motor builds the Pontiac LeMans subcompact, the only car it sells in the United States. Only 17,392 LeMans had been sold 17,392 through Sept. 10, down 44.3% from last year’s 31,212. Pontiac General Manager John Middlebrook said last month that sales of LeMans would end after 1994. It was unclear whether the car will be replaced in the Pontiac lineup for 1995 and beyond. Daewoo is the third-largest auto maker in South Korea.
